Nick Tomaino, founder of 1confirmation, posted on the X platform that it is likely that countries will soon compete to try to adopt MicroStrategy's strategy:
-Issuing government bonds of different maturities (5-year, 7-year, 10-year, etc.)
-Using bonds to buy cryptocurrencies
-Repaying loans on time according to the loan term
At the same time, he said that the question now is not whether countries will do this, but what kind of cryptocurrency they will buy, which may start with BTC, but the next one will be ETH. Any currency with sufficient decentralization can participate in it, and the government bond market is larger than the stock market.